📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

mortgage on a full and part time salary

Options
2»

Comments

  • Wh05apk
    Wh05apk Posts: 2,938 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Does she have a contract stating she will be going full time in may? if so some lenders may accept that.
    I am a mortgage adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Wh05apk wrote: »
    Does she have a contract stating she will be going full time in may? if so some lenders may accept that.

    Hi

    No, she doesn't intend to stay at the company. She plans to apply for jobs elsewhere. Would it help that she used to be FT at her current employer before Uni?

    Thanks for all your help
    Oxfordmark

    Home owner from Friday 26th July 2013!
  • Wh05apk
    Wh05apk Posts: 2,938 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    oxfordmark wrote: »
    Hi

    No, she doesn't intend to stay at the company. She plans to apply for jobs elsewhere. Would it help that she used to be FT at her current employer before Uni?

    Thanks for all your help

    No,

    but as soon as she gets a job offer, lenders may accept that and use that income.
    I am a mortgage adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Wh05apk wrote: »
    No,

    but as soon as she gets a job offer, lenders may accept that and use that income.

    What if her employer writes a letter confirming that she works for them x amount of hours per week?

    Not exactly a contract but proof that she is required to work.
    Oxfordmark

    Home owner from Friday 26th July 2013!
  • why not just wait XX Months until she finishes uni??

    That is a massive amount of borrowing compared to income, Technically managable if you dont enjoy going out or buying clothes

    Good luck though but id sit on the 30k for a while longer
  • cripes wrote: »
    why not just wait XX Months until she finishes uni??

    That is a massive amount of borrowing compared to income, Technically managable if you dont enjoy going out or buying clothes

    Good luck though but id sit on the 30k for a while longer

    Yup, think your right.

    Shame as we could afford it. Never mind, back to the waiting game :)
    Oxfordmark

    Home owner from Friday 26th July 2013!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.